Economy

Emerson Electric sees 2018 profit rising 4-12 percent

Emerson Electric sees 2018 profit rising 4-12 percent”

The sale was disclosed in a filing with the SEC, which is available at the SEC website.

The company holds a market cap of 41.2B with a P/E of 25.43 indicating whether its share price properly reflects its performance. Aware, Inc. (AWRE) has $99.42M valuation. Fruth Investment Mngmt holds 1.49% of its portfolio in Emerson Electric Co. Xact Kapitalforvaltning AB raised its holdings in shares of Emerson Electric by 20.4% during the 1st quarter. Procter & Gamble Co (NYSE:PG) has risen 7.54% since November 6, 2016 and is uptrending. It has outperformed by 0.10% the S&P500. The stock gained 5.46 percent over the past month and rose 14.26 percent year-to-date. Peak Asset Management Llc bought 6,213 shares as the company's stock declined 4.02% while stock markets rallied. Dowling Yahnke Lc holds 1.1% in Johnson & Johnson (NYSE:JNJ) or 79,285 shares. With the existing current ratio, Emerson Electric Co.is more than equipped to confront its liabilities with its assets. The stock rose 0.90% or $0.58 reaching $64.68 per share. The stock was sold at an average price of $58.99, for a total value of $117,980.00.

Emerson Electric (NYSE:EMR) last issued its earnings results on Tuesday, November 7th. It has outperformed by 1.77% the S&P500. Its up 0.12, from 0.88 in 2017Q1. It increased, as 60 investors sold Emerson Electric Co. shares while 407 reduced holdings. 2 funds opened positions while 8 raised stakes. 440.67 million shares or 1.25% more from 435.22 million shares in 2017Q1 were reported. Emerson Electric presently has an average rating of "Hold" and a consensus target price of $51.75. (NYSE:EMR). Cornerstone Capital Management Holding Ltd Liability reported 133,643 shares. Dean Invest Limited Co owns 55,807 shares for 0.84% of their portfolio. It also upped Goldcorp (NYSE:GG) stake by 1.37M shares and now owns 7.15M shares. This is an increase from Emerson Electric's previous quarterly dividend of $0.48. (NYSE:EMR). Arrowstreet Capital Partnership holds 277,200 shares. Archford Strategies Ltd Company invested 0.1% in Johnson & Johnson (NYSE:JNJ). Emerson Electric Company has a 52 week low of $49.38 and a 52 week high of $67.79. State Board Of Administration Of Florida Retirement System has 0.02% invested in Eaton Vance Corp (NYSE:EV) for 170,606 shares. Columbia Asset accumulated 54,427 shares. Blair William And Il invested 0% in Aware, Inc. (NYSE:EMR). Sprucegrove Invest Mgmt Ltd owns 104,000 shares.

Flossbach Von Storch Ag decreased Emerson Electric (EMR) stake by 33.72% reported in 2017Q2 SEC filing. Emerson Electric Co. (NYSE:EMR) has been trading in a bullish manner, based on the relative positions of the stock's 20 and 200 day moving averages. That's a potential 2.34 increase relative to where Emerson Electric Co.

Emerson Electric Co.'s ROI is valued at 10.20% relatively measuring the profitability on the investment.

Heading into the earnings release, covering sell-side analysts have a consensus target price of $64.06 on Emerson Electric Co. shares. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company. Therefore 32% are positive.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. Pivotal Research upgraded the shares of WPPGY in report on Friday, October 16 to "Hold" rating. Barclays Capital downgraded the stock to "Equal Weight" rating in Monday, April 24 report. (NYSE:EMR) rating on Wednesday, August 5.

A number of research firms have recently commented on EMR. The firm has "Neutral" rating by UBS given on Wednesday, January 27. TheStreet downgraded Emerson Electric Co. (NYSE:EMR) earned "Hold" rating by Oppenheimer on Tuesday, August 1. (NYSE:EMR) earned "Sell" rating by Citigroup on Thursday, January 21. The rating was maintained by Robert W. Baird with "Hold" on Monday, October 23. The firm has "Hold" rating by Investec given on Tuesday, February 9. The stock of Emerson Electric Co. The firm has "Hold" rating given on Monday, July 10 by RBC Capital Markets. (NYSE:EMR). Coastline holds 35,241 shares or 0.38% of its portfolio. Therefore 0 are positive. On Tuesday, September 8 the stock rating was upgraded by Suntrust Robinson to "Buy".

Investors sentiment increased to 0.94 in 2017 Q2. Its down 0.37, from 1.63 in 2017Q1. It turned negative, as 50 investors sold JNJ shares while 878 reduced holdings. 19 funds opened positions while 30 raised stakes. Brandes Investment Ptnrs L P accumulated 22,443 shares. Citigroup invested in 0.03% or 508,930 shares. Boston Private Wealth has 0.09% invested in Eaton Vance Corp (NYSE:EV) for 46,500 shares. Hutchin Hill LP reported 0.01% of its portfolio in Citi Trends, Inc. (NASDAQ:AWRE). Deutsche Comml Bank Ag owns 23,917 shares. Tudor Et Al owns 12,686 shares. Manufacturers Life Insurance The owns 13,014 shares.

Rockwell, however, rejected the bid arguing that the offer undervalued the company. (NASDAQ:CTRN). California Employees Retirement accumulated 103,400 shares. (NASDAQ:CTRN). Moreover, Ameriprise Fincl has 0% invested in Citi Trends, Inc. Lipe Dalton invested in 1.63% or 42,125 shares.

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